On the asymmetric effects of exchange rate uncertainty on China's bilateral trade with its major partners
Yazarlar (3)
Shanghai International Studies University, Çin
University Of Wisconsin-Milwaukee, Amerika Birleşik Devletleri
Prof. Dr. Hüseyin KARAMELİKLİ
Karabük Üniversitesi, Türkiye
| Makale Türü | Özgün Makale |
| Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale |
| Dergi Adı | Economic Analysis and Policy |
| Dergi ISSN | 0313-5926 Wos Dergi |
| Dergi Tarandığı Indeksler | SSCI |
| Dergi Grubu | Q1 |
| Makale Dili | İngilizce |
| Basım Tarihi | 03-2022 |
| Cilt No | 73 |
| Sayı | 1 |
| Sayfalar | 653 / 669 |
| DOI Numarası | 10.1016/j.eap.2021.12.017 |
| Makale Linki | http://dx.doi.org/10.1016/j.eap.2021.12.017 |
| Özet |
| Following recent advances in asymmetric impact of exchange rate volatility on trade flows, we assess the symmetric and asymmetric effects of exchange rate volatility on China's bilateral trade with each of its 21 trading partners. We find symmetric effects in only a few bilateral trade models. However, the asymmetric analysis which required using nonlinear models revealed short-run asymmetric effects in almost all export and import demand models and log-run significant asymmetric effects in 50% of the models. In almost all models, while increased volatility was found to hurt Chinese trade, decreased volatility was found to boost them, implying that stable exchange rate is beneficial for China's trade. |
| Anahtar Kelimeler |
| 15 partners | Asymmetric analysis | China | Exchange rate uncertainty | Trade |
Science Direct
On the asymmetric effects of exchange rate uncertainty on China's bilateral trade with its major partners
BM Sürdürülebilir Kalkınma Amaçları
| Atıf Sayıları | |
| WoS | 11 |
| SCOPUS | 10 |
| Google Scholar | 21 |